Photo: Barcelona City Council

Photo: Barcelona City Council

Last modified: 27/06/2013

Entrepreneurial Activity Rate in Catalonia higher than the European average

According to the Global Entrepreneurship Monitor, entrepreneurship last year grew by 1.1% compared to 2011. The number of new firms registered increased for the second year in Barcelona.

A study analyzing entrepreneurial activity in Barcelona and Catalonia based on data from the 'Executive report Catalonia 2012' by the Global Entrepreneurship Monitor (GEM) was presented during the lastest edition of BizBarcelona.

This study shows an increase in entrepreneurial activity in Catalonia (TEA of 7.9%) and a higher rate of entrepreneurial activity than other regions in Spain. The figure exceeds the European average (7.6%).

In addition, the report notes that the number of firms registered grew for the second year in Barcelona (6,733 new firms), reaching its highest value in four years. This positive trend continued during the first months of 2013, with 2,644 new corporations registered in Barcelona between January and April.

As well, the report shows that 7.7% and 14.8% of all new firms registered in Spain during 2012 were in the city and province of Barcelona, respectively. Also, Barcelona is the province with the highest ratio of companies created compared to those woundup (6.5), comparing the main cities in Spain.

Lastly, it's worth noting that Catalan entrepreneurs are adopting a more innovative profile, with significant increases in process innovation and the use of new technologies, and a percentage of entrepreneurs with higher education studies is over 68%.

Entreprenurial activity in Barcelona and Catalonia 2012 (pdf)

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